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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/6/2018

LM_XB405
Des Moines, IA                 Wed, Jun 06, 2018                USDA Market News

NATIONAL 5-DAY ROLLING CUTTER COW CUTOUT AND BOXED COW BEEF CUTS
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE - Negotiated Sales - Afternoon

Based on negotiated prices and volume of cow cuts delivered within 0-21 days
and on average industry cutting yields.  Values reflect U.S. dollars per 100
pounds.

                                   Cutter 90%
                                    350#/up
--------------------------------------------------------------------------------
Current-Cutout Value:               $175.96
Change from prior day:              ($0.08)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $221.74        $123.82       ($0.28)
100% lean inside round                      $308.35          $7.15         $0.02
100% lean, flats and eyes                   $279.04          $6.47         $0.11
100% lean, S.P.B.                           $271.52         $13.58         $0.02
Chuck Tender                                $224.51          $2.25       ($0.02)
Knuckle                   4-7 lbs.          $234.52          $5.93       ($0.09)
Tenderloin                2-3 lbs.          $426.30          $2.26         $0.05
Tenderloin                3-4 lbs.          $494.84          $3.66         $0.13
Ribeye Roll               4-6 lbs.          $287.83          $3.02         $0.03
Ribeye Roll               6-8 lbs.          $304.59          $2.25       ($0.02)
Ribeye Roll               8up lbs.          $359.01          $2.62         $0.02
Flank Steak                                 $291.94          $1.23       ($0.05)
Kidney, Edible                               $18.33          $0.08         
Fat, inedible                                $14.57          $0.34         
Bone                                          $5.40          $1.30         
--------------------------------------------------------------------------------
USDA NATIONAL BOXED COW BEEF CUTS - NEGOTIATED SALES   FOB Plant basis
negotiated sales for delivery within 0-21 day period.

CURRENT VOLUME - (one load equals 40,000 pounds)

Boner/Breaker Cuts                 20.79  loads --              831,775  pounds
Cutter/Canner Cuts                  2.51  loads --              100,367  pounds
Boner/Breaker/Cutter/Canner        25.03  loads --            1,001,017  pounds
100% Lean Items                    19.12  loads --              764,913  pounds
Frozen Cuts                         3.18  loads --              127,343  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8    9,400   $281.76       $0.49
112   Rib, ribeye roll, 8-10 lbs.             48   57,905   $339.97     ($1.05)
112   Rib, ribeye roll, 10-up lbs.           128   80,037   $401.52     ($3.55)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   11,598   $447.68     ($3.63)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       3    5,184   $277.50
      Chuck, boneless 85%                               
120   Chuck, brisket                          24   29,127   $228.60     ($3.82)
168   Round, top inside, 10-dn lbs.            6    4,993   $217.59     ($5.63)
168   Round, top inside, 10-up lbs.           21   40,053   $237.53     ($0.31)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     28  268,520   $295.47       $0.65
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6    9,598   $280.43       
171C  Round, eye of round                     49   61,004   $266.54     ($5.23)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.            17   27,386   $284.30     ($0.79)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  18   37,575   $255.53     ($4.37)
185A  Loin, bottom sirloin butt flap, bnls.   43  176,693   $297.38     ($1.36)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              37   53,501   $304.59     ($2.20)
112   Rib, ribeye roll, 8-up lbs.             14   46,866   $359.01       $3.13
100% LEAN
      Inside round - Combo                    10  116,539   $307.89     ($1.21)
      Inside round - Boxed                    38  125,901   $308.77       $2.69
      Outside round
      Eye of round                            17   25,538   $278.97       $6.42
      Flats and eyes - Combo                  15  141,760   $279.20       $3.77
      Flats and eyes - Boxed                            
      Striploin                               71  255,457   $323.12       $1.69
      S.P.B. - Combo                           9   59,970   $279.12     ($0.16)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     45   98,951   $224.51     ($2.93)
167A  Round, knuckle, peeled                  42  326,113   $234.52     ($3.52)
190   Loin, tenderloin, 2-3 lbs.              14   25,050   $426.30       $8.52
190   Loin, tenderloin, 3-4 lbs.              46   81,969   $494.84      $17.96
190   Loin, tenderloin, 4-5 lbs.             124  167,012   $564.48       $5.12
190   Loin, tenderloin, 5-up lbs.             67   60,466   $588.64       $6.14
193   Flank, flank steak                      74   88,296   $291.01    ($13.05)
      Flank, rough                            70  153,160   $248.55     ($2.17)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   11,340   $283.50
112   Rib, ribeye roll, 8-10 lbs.              8   28,070   $286.96       $1.11
112   Rib, ribeye roll, 10-up lbs.                      
112A  Rib, ribeye roll-lip-on, 8-dn lbs.                
112A  Rib, ribeye roll-lip-on, 8-up lbs.                
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.               
169A  Round, top inside c-off, 14-up lbs.               
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.             7   25,200   $312.33       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               6   26,278   $287.83       $0.84
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-up lbs.                       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.                        
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       7    8,220   $301.91       
--------------------------------------------------------------------------------
Source:    USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@ams.u

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